Executive Network Partnering (NYSE:ENPC) Trading 1.4% Higher

Shares of Executive Network Partnering Co. (NYSE:ENPC) traded up 1.4% during trading on Thursday . The stock traded as high as $6.65 and last traded at $6.60. 307,202 shares traded hands during trading, an increase of 25% from the average session volume of 245,839 shares. The stock had previously closed at $6.51.

Executive Network Partnering Stock Performance

The firm’s 50-day moving average is $6.15 and its 200 day moving average is $6.14.

Institutional Investors Weigh In On Executive Network Partnering

Institutional investors have recently bought and sold shares of the business. Hsbc Holdings PLC purchased a new stake in Executive Network Partnering during the first quarter worth approximately $15,194,000. BNP Paribas Arbitrage SNC purchased a new stake in Executive Network Partnering during the third quarter worth approximately $15,085,000. Goldman Sachs Group Inc. grew its stake in Executive Network Partnering by 52.4% during the first quarter. Goldman Sachs Group Inc. now owns 1,016,268 shares of the company’s stock worth $10,010,000 after buying an additional 349,239 shares during the period. Jane Street Group LLC purchased a new position in shares of Executive Network Partnering in the third quarter valued at $7,190,000. Finally, Royal Bank of Canada boosted its stake in shares of Executive Network Partnering by 1,130.9% in the first quarter. Royal Bank of Canada now owns 273,419 shares of the company’s stock valued at $2,693,000 after purchasing an additional 251,206 shares during the period. 88.58% of the stock is currently owned by hedge funds and other institutional investors.

Executive Network Partnering Company Profile

Executive Network Partnering Corporation does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar partnering transaction with one or more businesses. The company was incorporated in 2020 and is based in Boston, Massachusetts.